GlobalData Archive

Japan will see hojicha boom with more food and drink launches, says GlobalData

Japan is witnessing a new tea boom with the growing popularity of roasted green tea–hojicha. As a result, major food and beverage firms are rushing to introduce a number of hojicha-flavored food and drink products to capitalize on the opportunity, says leading data and analytics company GlobalData. Tea is the most popular beverage in Japan

With almost 191 million Chinese tourists by 2021, global brands should embrace WeChat, says GlobalData

China is the largest outbound market in the world with 136.5 million Chinese traveling abroad in 2017. The country’s outbound market is substantially larger than the US, which currently ranks second in terms of international departures. With outbound travel and spending from China growing rapidly over the next five years, global tourist brands must leverage

Edgewell revolutionizes women’s shaving routine with Schick Intuition bi-directional razor, says GlobalData

Edgewell Personal Care has recently launched the Schick Intuition f.a.b. bi-directional razor in the US. The new and disruptive razor technology is all set to revolutionize the shaving routine of women, according to leading data and analytics company, GlobalData. The f.a.b. in the product’s name stands for ‘forwards and backwards’. Schick Intuition is a first-of-its-kind

Consumer confidence remains low in young adults 10 years after the recession, says GlobalData

While many economists believe the global economy has recovered from the Great Recession and global GDP growth is stable, young adults continue to suffer from its lingering effect, which presents a challenge to fast-moving consumer goods (FMCG) providers, according to GlobalData, a leading data and analytics company. According to GlobalData’s Q1 2017 global survey, 68%